The city of Hoboken needs to build a new supermarket and has 2 mutually exclusive options: Option 1: An engineering plan calculates that the building will cost $600,000 to build and that it will cost $80,000 per year to operate. Our analysis of operating revenue determines that the supermarket will start to earn revenues of $170,000 per year starting in the second year. Option 2: An engineering plan calculates that the building will cost $800,000 to build and that it will cost $100,000 per year to operate. Our analysis of operating revenue determines that the supermarket will start to earn revenues of $200,000 per year starting in the second year. At an interest rate of 5% and a project life of 15 years, calculate the following: a. Calculate the BCR for each option. [4 + 4 points] USE PRESENT WORTH ANALYSIS b. Using incremental benefit cost analysis, which option should be selected and why? [3 + 1 points]

I want a mathematical solution for this its a problem from engineering economics